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Jerusalem Life

| Rami Levy invests in 3D print meat co Meat-Tech

Aviva Janglo    
Thursday, 04 June 12:35 PM

The Israeli company has raised NIS 20 million from investors to develop cultured meat for 3D printing.

 

 

Israeli cultured meat developer Meat-Tech (TASE: MEAT) announced today that it had completed a NIS 20 million private placement from several investors including Rami Levy (through a private company), Israeli meat importer Adom, and institutional investors including Mor Investments, Psagot, Clal, Meitav, and private investors, some of them in the US.

The company said that the new funds will enable the company to list on Nasdaq. Meat-Tech also signed its first-ever commercial deal with Adom, to promote its products on international markets.

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